The Reduction in Consumer Lending Product Set
Memo To: CRA Public File | Date: 1/12/2024
RE: Reduction in Consumer Lending Product Set
On January 1, 2024, Machias Savings Bank eliminated the following products from its consumer lending offerings:
- Unsecured Personal Loans
- Recreational/Vehicle Loans
All information on these products was removed from the website and printed materials on 1/1/2024. This impacts the entire geographic footprint of the bank.